[ad_1] Brokerage firm Macquarie has initiated coverage on Adani Green Energy Ltd. with an “outperform” rating and a price target of ₹1,200 on Thursday, March 13. Macquarie’s price target implies a potential upside of 40% for the stock from Wednesday’s closing levels. The price target is still well below the stock’s recent peak of ₹2,154. […]
Gautam Adani’s net worth is down $12 billion in 2025 so far, most after Elon Musk – CNBC TV18
[ad_1] A 13% decline in Adani Group stocks since the start of 2025 has erased $12 billion from founder Gautam Adani’s net worth. According to the Bloomberg Billionaires Index, Gautam Adani’s fortune has seen the second-largest decline so far this year, trailing only Tesla founder Elon Musk. Company Value Change %Change Musk, the world’s richest […]
US SEC seeks help from India to serve complaint to Gautam Adani and his nephew Sagar: Report – CNBC TV18
[ad_1] The US Securities and Exchange Commission (SEC) is seeking help from the Indian government to serve its complaint to Gautam Adani and his nephew Sagar Adani in relation to indictment, news agency Reuters reported. Company Value Change %Change The SEC has also requested assistance from the ministry of law in India under the Hague […]
Ambuja Cements Q3 Results: Sharp contraction in margins, other income aids profit – CNBC TV18
[ad_1] Ambuja Cements Ltd. reported a 17% year-on-year volume growth for the October-to-December period, which contributed to the stock recovering from the lows of the session. However, most of the other parameters of the company were down on a year-on-year basis. Company Value Change %Change The cement major reported a net profit of ₹1,758 crore […]
Jefferies cuts price target on two Adani Group stocks by up to 35% – CNBC TV18
[ad_1] Brokerage firm Jefferies has issued ratings on three Adani Group stocks – Adani Enterprises, Adani Port and Adani Green Energy, where it has cut its price targets for Adani Ports and Adani Green Energy by 22% and 35% respectively. Company Value Change %Change Jefferies has maintained its “buy” rating on Adani Green Energy but […]
Adani Ports Q3 Update: Nearly 70% of FY25 cargo volume guidance achieved in first nine months – CNBC TV18
[ad_1] Adani Ports and Special Economic Zone Ltd. (APSEZ) on Friday, January 3, reported its cargo volume updates for the month of December. Company Value Change %Change Overall cargo volumes handled stood at 38.4 million metric tonnes (MMT) of cargo, marking an 8% year-on-year (YoY) growth. This surge in cargo volumes was primarily driven by strong […]
Adani US SEC and Criminal cases not combined, only assigned to one judge: Exclusive – CNBC TV18
[ad_1] The US Securities and Exchange Commission and Eastern District of New York criminal cases against the Adani Group are not “combined” but have just been placed before one judge in a US court for efficiency purposes. Company Value Change %Change CNBC-TV18 has reviewed the orders passed by a US court on 12th and 18th […]
Adani Group stocks rally up to 9%, market cap rises by ₹28,000 crore – CNBC TV18
[ad_1] Adani Group stocks witnessed robust momentum on Thursday, December 12, with Adani Green Energy leading the charge on the stock exchanges. Company Value Change %Change Shares of Adani Enterprises, the conglomerate’s flagship entity, gained up to 3.22%, while other group constituents such as Adani Ports and SEZ, Adani Power, Adani Wilmar, Adani Total Gas, […]
Adani Group stocks recover most of last week’s losses: Here is a look at a timeline of events – CNBC TV18
[ad_1] The Adani Group stocks have recovered most of the losses incurred since the indictment of Gautam Adani and other group executives in the US last week. Adani Group stocks added ₹1.7 lakh crore in market capitalisation over the past week, with most companies posting gains of 10% to 30% during the week. Here’s a […]
Adani Group stocks add nearly ₹2 lakh crore to their market cap after three day rally – CNBC TV18
[ad_1] Adani Group stocks saw yet another day of gains, extending their recovery to the third straight day after facing heavy losses across Monday and Tuesday. Shares of Adani Green Energy ended 21% higher on Friday, while those of Adani Energy Solutions gained 13%. Adani Total Gas shares ended little changed but just above the […]